Mergers: Commission clears acquisition of a newly founded joint venture by PORR and Doka


Economy - published on 08 September 2021


https://www.trevisobellunosystem.com/tvsys/img/notizie/eu_commissione_europea.jpg

Source: European Commission Spokesperson’s Service

The European Commission has approved, under the EU Merger Regulation, the acquisition of a newly founded joint venture by PORR AG and Doka GmbH, all of Austria. The joint venture will provide a
construction logistics platform aiming to digitalise and optimise the order, delivery and billing process in the construction industry. PORR provides construction services. Doka produces formworks
and scaffoldings used for construction works. The Commission concluded that the proposed acquisition would raise no competition concerns, given that the joint venture has no, or negligible, actual
or foreseen activities within the European Economic Area and the transaction does not create any horizontal or vertical overlaps between the activities of the companies. The transaction was
examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the
public case register under
the case number
M.10336
.

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